ARL 2.15% 45.5¢ ardea resources limited

Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-154

  1. 5,633 Posts.
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    Youre completely missing the point. Sulphate prices trade at a small premium to metal prices, yes. However costs in the ARL PFS are for production of the sale-able sulphate.

    It is not as simple as assuming that sulphate has 20% metal content so you simply get 5x your money. Not even close. I cant really be bothered arguing this anymore, I'm doing you a solid here trying to help you understand all this but whats the point if you dont want to be helped.
 
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